Replies to This Discussion

Permalink Reply by Mike Flor on May 11, 2014 at 3:35pm

Mary, dividing the property into surface rights and sub surface rights is very common in western Pa.  You should contact a local attorney if they done these types of deeds and proceed when you are sure they satisfied you of their knowledge and expertise.  I have recently seen properties for sale in the susquehanna county area currently being offered with NO mineral rights.  Good Luck

Permalink Reply by finn on May 13, 2014 at 6:36am

Hello Mike -  I'm also from Susquehanna County and thinking about selling my 30 acres/house without mineral rights.   Sounds like your from the western PA area.  To your knowledge is it hard/impossible for the buyer to get a mortgage if they are purchasing a property without mineral rights? 

Permalink Reply by LMS on May 13, 2014 at 3:30pm

Hi Finn. We are in a similar situation to you...looking to sell with 30 acres/house without mineral rights. Prior to listing we spoke with our mortgage broker regarding financing for potential buyers...there are lenders who will lend & our listing agent said they also knew lenders. Good luck!

Permalink Reply by finn on May 14, 2014 at 2:15am

Thanks Mike.  Best of luck with selling your property.  Good to know there are lenders out there willing to work with this situation.  We haven't listed our property yet but are looking to do so soon.

Permalink Reply by Chip Snyder on May 23, 2014 at 6:56am

If you know of lenders who will lend without the O & G rights please post them. As far as I know there are no local lenders currently who will.

Thank you.

Permalink Reply by LMS on June 3, 2014 at 6:50am

Hi Chip. We were dealing with a mortgage lender Lisa Perta from Guaranteed Rate(570.819.0780). She had contacted lenders who would lend without O&G rights. Hope that helps!

Permalink Reply by Chip Snyder on June 3, 2014 at 7:48am

Thank you! It does!

Permalink Reply by JULIA SUDYLO on May 24, 2014 at 2:59pm

I am also looking to sell a property in Thompson Pa but with the gas rights and would like to find out which attorney is recommended.

Permalink Reply by LMS on June 3, 2014 at 6:52am

I would recommend Doug Clark.

Permalink Reply by JULIA SUDYLO on December 25, 2014 at 8:27am

Hi Doug,

Thanks for the reply and Merry Christmas. :-) Do you know any Realtors in the area? I am considering selling with the gas rights. The property is located in Thompson Pa on six acres. If you know of a realtor (or sites where I could list it) and can forward my email to them it would be appreciated. It's boejr@aol.com or give them my cell 908-616-0279

Regards

Julia

Permalink Reply by LMS on December 25, 2014 at 3:45pm

Hi Julia.

Merry Christmas! I would recommend Lori Jewett from Lewith & Freeman. You can reach her at 570.498.0042 or ljewett@lewith-freeman.com
I will also be happy to pass your contact info on to her.

Good luck!

Melissa Selenski